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The reporter learned from the Shanxi Provincial Economic and Information Technology Commission that the reorganization of Taiyuan Heavy Duty Truck by Jiangling Heavy Duty Truck has been completed. After the completion of the acquisition, the new Taiyuan Heavy Duty Truck will serve as a wholly-owned subsidiary of Jiangling Motors. In the next few years, it will have a production capacity of 50,000 heavy trucks and 50,000 engines.
In order to fundamentally solve the technology and brand issues that restrict the development of the company and realize the sustainable development of Taiyuan CNHTC, the company signed an equity transfer agreement with Jiangling Motors Co., Ltd. in 2012 and Jiangling Motors Co., Ltd. acquired 100% of the company. Equity, merger and reorganization of Taiyuan CNHTC. Recently, the “Notice No. 6†of the Ministry of Industry and Information Technology of the People's Republic of China formally passed the changes related to the reorganization of the two companies, and JMC reorganized the heavy lifting of Taiyuan Zhongqi.
In addition, the Ministry of Industry and Information Technology No. 6 "Notice" of 2013 confirmed at the same time that the CATIC Lantian Equipment Manufacturing Co., Ltd. of our province has completed the reorganization. The Ministry of Industry and Information Technology agreed that Shanxi Lantian Special Vehicle Co., Ltd. has included all the products in the "Announcement", and the company's name has been changed to "AviChina Lantian Equipment Manufacturing Co., Ltd.". Shanxi Lantian Special Purpose Vehicle Co., Ltd. is a backbone enterprise for the production of a special vehicle in our province. In 2011, the company successively cooperated with Nanjing Zhonghang Special Equipment Co., Ltd. and Shanxi Coal Transportation and Marketing Group Equipment Industry Co., Ltd. to establish and establish the equipment manufacturing of CATIC Lantian. Limited company.
JMC Reorganizes Taiyuan CNHTC